Principal Risk & Compliance Analyst

Requisition ID # 171830 

Job Category: Compliance / Risk / Quality Assurance 

Job Level: Manager/Principal

Business Unit: Gen Counsel, Ethics, Risk & Compliance

Work Type: Hybrid

Job Location: Oakland

Department Overview

The Compliance department of Compliance & Ethics provides an infrastructure that enables PG&E departments and employees to conduct business in compliance with applicable laws and regulations and to effectively manage business and operational risks that face the organization. The Compliance team acts in a consultative capacity as a business partner and compliance expert to the entire organization, and sets the compliance standards and framework for the organization. Major activities of the compliance program include understanding the business environment, identifying and assessing organizational compliance requirements, ensuring that work processes are included within guidance documents, helping compliance requirement owners develop effective controls, facilitating compliance management, and setting policies and standards, in line with compliance objectives. The Compliance department also partners with the Ethics team, who promote a culture of compliance and ethics where employees are enabled and inspired to act with integrity, speak up to raise concerns and comply with all legal and regulatory requirements.

Position Summary

The Risk and Compliance Analyst Principal role is focused on the development and oversight of enterprise Compliance department activities designed to increase the maturity of compliance programs and performance across PG&E, including in cross‑organizational work areas and complex regulatory environments.

The role will be responsible for:

• Managing and helping to provide assurance over enterprise Compliance programs, procedures and systems. Act in a consultative capacity as a business partner and Risk and Compliance expert to lines of business, including teams supporting federal and state funding programs.
• Understanding the general business environment and associated risks and compliance requirements of the enterprise, with emphasis on emerging and evolving regulatory obligations.
• Supporting the LOBs’ efforts in identifying and assessing organizational compliance requirements and risks, developing controls and metrics and evaluating effectiveness, evaluating control deficiencies, supporting the design of mitigating activities, and helping to facilitate and publish policies and standards, in line with compliance objectives and/or established risk management protocols.
• Supporting a governance structure that enables business units, departments and employees 1) to conduct business in compliance with applicable laws, regulations and policies; and 2) identify, manage and mitigate compliance risks that can affect the business, including cross‑functional requirements associated with loans, grants, and government contracts.
• Acting as an advocate for and helping train and engage employees and leaders throughout the company in risk and compliance to ensure understanding of compliance program guidance and other needed items to support organization‑wide awareness and facilitate LOB behaviors related to risk and compliance.

Major Areas of Responsibility

Major areas of responsibility may include the following Compliance Management activities:

• Lead the enterprise’s Federal Contract Compliance Program, including support for compliance obligations associated with federal loans, grants, and other government funding.
• Provide guidance on the company’s management of cross‑functional compliance obligations, identification of new and changing requirements, and compliance investigations, including labor, sourcing, and reporting requirements.
• Create program tools, drive coordinated work on key compliance areas, and work hands‑on with line of business leaders to improve compliance performance, standardization, and program elements.
• Lead, implement, facilitate and provide assurance over enterprise‑wide compliance and ethics programs to meet PG&E’s compliance requirements.
• Support the LOBs as they: Understand and document State, Federal and local compliance obligations and associated controls and business processes; complete or coordinate compliance validation activities and control effectiveness testing; assess and resolve complex control deficiency issues and ensure remediation actions are effective; assess and analyze regulatory requirements to determine impact and remediation efforts; assess compliance risk and design control risk mitigation plans and support business implementation.
• Track and report key compliance metrics, including metrics used to support assurance and reporting for government funding programs.

This position is hybrid, working from your remote office and your assigned work location based on business needs or company requirements. The assigned work location will be within the PG&E Service Territory and will be agreed upon by the successful candidate and hiring leader.

PG&E is providing the full salary/pay range for this position. The actual amount paid to an individual will be based on multiple factors, including, but not limited to, internal equity, specific skills, education, licenses or certifications, experience, market value, and geographic location. The range to reasonably expect will be around the minimum and the midpoint. The final decision will be made on a case-by-case basis related to the factors above. This job is also eligible to participate in PG&E’s discretionary incentive compensation programs.

Bay Area Min: $136,000

Bay Area Mid: $184,000

Bay Area Max: $232,000

Job Responsibilities

• Provides management and oversight of federal contract‑related compliance requirements and the governance framework and resources that enable LOBs to fully comply with their respective Federal Contract Compliance requirements, including Davis‑Bacon Act, Cargo Preference Act, and other applicable state and federal obligations.
• Drives coordination and collaboration among LOBs that share compliance obligations, particularly where requirements span multiple functions or funding sources.
• Leads continuous improvement in the enterprise Compliance & Ethics program; consistently demonstrates innovative and new thinking focused on program strategy, guidance document and controls development, compliance risk analysis and monitoring.
• Develops risk and compliance program strategies, templates and direction.
• Provides subject‑matter expertise and coaching related to risk and compliance management.
• Works independently with minimal guidance on complex compliance and risk assessment issues with critical impact to the organization and the company.
• Anticipates risk and compliance issues and develops innovative solutions to mitigate risks, including scalable and sustainable program approaches.
• May participate in established compliance or risk management forums at the enterprise level.
• Develops and coordinates preparation of presentation materials for various levels of management up to and including senior vice president.
• Provides support, advice, guidance and recommendations to compliance and ethics stakeholders, including senior leaders, to ensure effective compliance risk management.
• Supports integrated planning deliverables related to enterprise compliance and ethics.
• Works autonomously and has a solid leadership role and function.
• Works with all levels of leadership (up to and including SVP) across functions to influence decisions around risk and compliance issues.
• Works with senior management to support strategic planning and decision‑making on risk and compliance issues.
• Makes recommendations to functional management, directors, officers and their employees.
• Leads, and develops materials for, training and educating employees and leaders 1:1 or in small groups to ensure understanding of compliance management principles and other needed items to support organization‑wide awareness and facilitate LOB behaviors related to compliance.
• Assist with other compliance‑related projects and activities as directed.

Qualification

Minimum

· Bachelor’s degree in in any of Management, Risk and Insurance, Business, Accounting, Finance, or related discipline; or equivalent experience

·10 or more years of experience in risk or compliance management, utility operations or related field

Desired

• Prior experience in any of the following: risk or compliance management, utility operations or related field
• Advanced analytics and issue resolution skills
• Able to work closely with line of business representatives as a true partner
• Applies demonstrated knowledge and skill to resolve complex problems
• Able to develop complex as is and to be process maps for risk and compliance processes
• Able to address complex strategic issues and take a broad perspective to identify innovative solutions
• Able to identify and implement program and process improvement opportunities
• Ability to speak openly and knowledgably both to peers and leaders on risk and compliance issues
• Able to work independently

• MBA or Master’s degree in related discipline
• Internal Audit, Certified Compliance & Ethics Professional (CCEP) or RIMS certification or equivalent